Latest topics
» I see this board has been quiet
Tue Jun 07, 2016 1:24 pm by Knight1009

» Hello Ya'll. *Theirmommie*
Tue Nov 17, 2015 9:42 am by my_lucid_bubble72

» 20 % of Americans Struggle To Buy Food
Thu Jul 16, 2015 1:00 pm by pbrad009

» The Make Some One Day Challenge
Wed May 27, 2015 12:32 pm by Prof_NSA

» Clues to why they not hiring you
Sun Apr 05, 2015 5:25 pm by Sandra5yearsunemployed

» New Year Nothing Change
Tue Jan 20, 2015 5:48 pm by Prof_NSA

» UF2 Members Chat Thread: Part 3
Mon Jan 19, 2015 4:01 pm by member

» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
Fri Dec 19, 2014 4:24 pm by charliekerper

» Forbes: America's #1 Problem is Jobs, Not Debt
Sat Nov 15, 2014 10:50 pm by jmainframe

» Economy just getting worse
Mon Oct 06, 2014 12:16 pm by oncemore

» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
Mon Oct 06, 2014 6:33 am by 

» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
Fri Oct 03, 2014 11:23 am by DesperateInRI

» Hey Guys!!!!
Mon Sep 29, 2014 9:17 am by pbrad009

» Up all NIGHT WORRIED!
Thu Sep 25, 2014 11:56 pm by pbrad009

» things are going to get worst
Sun Sep 21, 2014 7:51 pm by 

Social Networks
September 2016
SunMonTueWedThuFriSat
    123
45678910
11121314151617
18192021222324
252627282930 

Calendar Calendar


US DOL: First Time Unemployment Claims down to 434,000 this week

View previous topic View next topic Go down

US DOL: First Time Unemployment Claims down to 434,000 this week

Post by Guest on Thu May 12, 2011 9:37 am

8:30 A.M. (EDT), THURSDAY

Media Contact :
May 12, 2011

(202) 693-4676




UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending May 7, the advance figure for seasonally adjusted initial claims was 434,000, a decrease of 44,000 from the previous week's revised figure of 478,000. The 4-week moving average was 436,750, an increase of 4,500 from the previous week's revised average of 432,250.

The advance seasonally adjusted insured unemployment rate was 3.0 percent for the week ending April 30, unchanged from the prior week's unrevised rate of 3.0 percent.

The advance number for seasonally adjusted insured unemployment during the week ending April 30 was 3,756,000, an increase of 5,000 from the preceding week's revised level of 3,751,000. The 4-week moving average was 3,718,500, an increase of 13,250 from the preceding week's revised average of 3,705,250.


http://www.dol.gov/opa/media/press/eta/ui/eta20110683.htm

Guest
Guest


Back to top Go down

Re: US DOL: First Time Unemployment Claims down to 434,000 this week

Post by Dazed&Confused on Thu May 12, 2011 10:37 am

They never get these numbers correct. I can't imagine missing 44,000 people, but this is our system. Now look at that initial claims rate, any number over 400,000 means there is instability, is this 9 weeks in a row now. As far as EUC dropping off, many will not be picked up in EB, and they are not discouraged workers and should not be counted as such, just people who live in unlucky states, they just no longer are receiving EB because their state cut them off. NY's decrease in jobs, some 24,000+ is not looking good for the service industry. I hate these reports, they are always revised. I cannot believe we had this:

"In the week ending May 7, the advance figure for seasonally adjusted initial claims was 434,000, a decrease of 44,000 from the previous week's revised figure of 478,000. The 4-week moving average was 436,750, an increase of 4,500 from the previous week's revised average of 432,250."

Had I given my boss, revised reports every week, he would have fired me straight away.

Dazed

WHOA

Dazed&Confused
Member

Posts : 346
Join date : 2011-02-22
Location : Philadelphia

Back to top Go down

Re: US DOL: First Time Unemployment Claims down to 434,000 this week

Post by Dazed&Confused on Thu May 12, 2011 10:52 am

They should just give us the U6 number from now on, things are getting weird. We are all discouraged not just the people who fell off EB or cannot get EB. YES WE ARE DISCOURAGED, ALL OF US. This makes me so mad, I can barely stand it.

Dazed&Confused
Member

Posts : 346
Join date : 2011-02-22
Location : Philadelphia

Back to top Go down

Re: US DOL: First Time Unemployment Claims down to 434,000 this week

Post by jmainframe on Fri May 13, 2011 4:33 am

Dazed&Confused wrote:They should just give us the U6 number from now on, things are getting weird. We are all discouraged not just the people who fell off EB or cannot get EB. YES WE ARE DISCOURAGED, ALL OF US. This makes me so mad, I can barely stand it.

They don't use the U6 number because the government doesn't want the people to know just how bad things really are in this country. It would be like adding energy and food to the inflation figures, showing that true inflation is really in the double-digits.

jmainframe
Member

Posts : 471
Join date : 2011-02-24
Age : 57
Location : New Jersey

Back to top Go down

Re: US DOL: First Time Unemployment Claims down to 434,000 this week

Post by Dazed&Confused on Fri May 13, 2011 1:31 pm

jmainframe wrote:
Dazed&Confused wrote:They should just give us the U6 number from now on, things are getting weird. We are all discouraged not just the people who fell off EB or cannot get EB. YES WE ARE DISCOURAGED, ALL OF US. This makes me so mad, I can barely stand it.

They don't use the U6 number because the government doesn't want the people to know just how bad things really are in this country. It would be like adding energy and food to the inflation figures, showing that true inflation is really in the double-digits.

Well Jmainframe, I am just no to happy about it and I am not happy about the way the reporters don't give us the truth, this country is gonna crash soon, and people ought to be prepared. Hey but we will still have a great military, we just gotta be the world police. Dazed

Dazed&Confused
Member

Posts : 346
Join date : 2011-02-22
Location : Philadelphia

Back to top Go down

Re: US DOL: First Time Unemployment Claims down to 434,000 this week

Post by Sponsored content Today at 12:22 pm


Sponsored content


Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum